JOINT VENTURE AGREEMENT BETWEEN NV MULTI RESOURCES SDN. BHD. AND KHAU KIM BAC

NV MULTI CORPORATION BERHAD

TypeAnnouncement
SubjectJOINT VENTURE AGREEMENT BETWEEN NV MULTI RESOURCES SDN. BHD. AND KHAU KIM BAC
ContentsFurther to our announcement dated 21 February 2008, the Board of Directors of NV Multi Corporation Berhad (“NV Multi”) wishes to announce that NV Multi Resources Sdn. Bhd. (NVRes), a wholly-owned subsidiary of NV Multi, has on 22 May 2008 entered into a Supplemental Agreement (“SA”) with Mr. Khau Kim Bac to amend the Joint-Venture Agreement dated 21 February 2008 (“JVA”) whereby the acquisition of land contemplated in the JVA has been changed to lease for seventy (70) years commencing from 1 April 2008 at a monthly rental of USD1,000

None of the Directors' and/or substantial shareholders of NV Multi or persons connected with them has any interest whether, direct or indirect, in the said subscription.

This announcement is dated 22 May 2008


Announcement Info

Company NameNV MULTI CORPORATION BERHAD  
Stock Name NVMULTI    
Date Announced22 May 2008  
CategoryGeneral Announcement
Reference NoNM-080516-57489